Whether your space needs a big makeover or small update, there are many ways to transform your bedroom and on a budget! Discover how you can create the perfect retreat on a dime with our helpful decorating ideas and editors' tips below.

1. Select New Bedding

To start, update your space with brand new bedding. It's easy to change up and will set the tone for the rest of your space. Consider a style that will easily complement existing or new décor.

8. Opt for Stylish Storage

Ideal for small space living, a storage ottoman creates an extra place to sit and plenty of room to stowe away your bedroom essentials (linens, scarves, shoes, etc.). Bonus! It's an easy way to add decorative flair for must-have personality.